Earlier this month the European Supervisory Authorities (EBA, EIOPA and ESMA) jointly published a guide to oversight under the Digital Operational Resilience Act (DORA), laying out how they will supervise critical third-party ICT providers (CTPPs).
The European Commission has adopted the final technical rulebooks for the European Single Access Point (ESAP), setting the operational framework ahead of its phased rollout starting in 2026.
Earlier this month the European Commission adopted a package of simplifications to the EU ESG Taxonomy framework, designed to cut red tape and reduce administrative burden on companies.
At yesterday’s XBRL Europe day, part of this week’s Digital Reporting in Europe event, Eduardo-Javier Moral Prieto provided an update on ESMA’s work on the implementation of the next stage of digital reporting in Europe.
The European Banking Authority (EBA) recently rolled out its onboarding plan for institutions required to submit to the new Pillar 3 Data Hub (P3DH) – setting the stage for this enhanced reporting framework.
Belgium is stepping further into the digital age, announcing mandatory structured e-invoicing for nearly all VAT-registered business-to-business (B2B) transactions starting 1 January 2026. This aligns the country with broader European Union efforts to tackle VAT fraud, streamline financial workflows, and boost digital resilience.
At a Legal Affairs Committee hearing of the European Parliament on Tuesday 13 May 2025, we understand that the European Commission announced that a ‘quick fix’ delegated act is on the way for large companies that have filed their sustainability disclosures in 2025.
On 30 April, the European Securities and Markets Authority (ESMA) published its fifth Report on the Quality and Use of Data, shedding light on how regulatory data is being used across the EU—and where early wins are emerging in efforts to reduce the reporting burden.
Accountancy Europe and the European Contact Group (ECG) have published a summary of their CSRD Practice Forum held in Brussels on 4 April 2025. With the first wave of CSRD reports now published, the event gathered preparers, auditors, users and regulators to assess early implementations.
The European Commission is making a major push to cut red tape and simplify regulation. Through its new simplification packages, the aim is to build a faster, more business-friendly Europe, reducing administrative burdens, improving cross-border processes, and moving toward a digital-first regulatory environment.
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